Vikran Engineering Ltd. Company History and Annual Growth Details

Our Company was originally incorporated as ‘Ratangiri Financial Advisory Private Limited’, as a private limited company under the provisions of the Companies Act, 1956, pursuant to a certificate of incorporation dated June 04, 2008 issued by the Deputy Registrar of Companies, West Bengal at Kolkata. Pursuant to a special resolution passed by the Shareholders of our Company at the extra-ordinary general meeting held on July 31, 2015, the name of our Company was changed to ‘Vikran Engineering & Exim Private Limited’ due to change in the nature of business and a fresh certificate of incorporation pursuant to change of name dated August 07, 2015 was issued by the Registrar of Companies, Kolkata. Subsequently, the Board determined it would be appropriate to change the name of the Company as a part of strategic corporate rebranding, and to align more closely with the core business activities, and hence pursuant to a special resolution passed by the Shareholders of our Company at the extra-ordinary general meeting held on June 17, 2024, the name of our Company was changed to ‘Vikran Engineering Private Limited’ and a fresh certificate of incorporation dated July 30, 2024 was issued by the Registrar of Companies, Central Processing Centre. Thereafter, our Company was converted to a public limited company, pursuant to a special resolution passed by the Shareholders of our Company at the extra-ordinary general meeting held on August 12, 2024, the name of our Company was changed to ‘Vikran Engineering Limited’ and a fresh certificate of incorporation consequent upon conversion to public limited company dated September 20, 2024, was issued to our Company by the RoC.

Major Events and Milestones:

2008

- Company was incorporated as a Private Limited Company under the name of Ratangiri Financial Services Private Limited.

2014

- Change in ownership of the Company, due to acquisition of Equity Shares by the Markhedkar family from the erstwhile promoters of the Company.

- First extra-high voltage (EHV) substation awarded by Madhya Pradesh Transmission Co. Ltd.

Fastest Growing Indian Company Excellence Award-2016

2019

- Completion of electrification project in Bhagalpur – 3,000 tollas, 3,50,000 Energy Meters, 8,170 kms HT lines.

- First 500 MVA, 400 kV power transformer substation order awarded by Power Grid Corporation of India Limited at Muzaffarpur.

2020

- 132 kV gas-insulated substation awarded by Maharashtra State Electricity Transmission Company Limited for bullet train project for MMRDA and National High Speed Rail Corporation Limited.

- Order worth 7238.69 million awarded by Andhra Pradesh Central Power Distribution Corporation Limited for Guntur, Krishna and Prakasam districts under YSR Uchitha Vyavasaaya Vidyut Pathakam

2021

- Awarded our first project in water segment at Betul district, Madhya Pradesh for ? 2543.40 million as a part of Prime Minister Har Ghar Jal Yojana

2022

- Completion of our first railway electrification project awarded by Railway Electrification, Kolkata unit

- Order worth ? 2,340 million awarded by National Thermal Power Corporation Limited.

2023

- Company raised USD $22 million in a private placement round from various investors